ASREB Ch. 1 Questions and Answers 100% Pass

ASREB Ch. 1 Questions and Answers 100% Pass Property rights that go with ownership of real property are referred to as the... bundle of rights Surface of the earth, below to the center, with all natural things is... land Personal property is conveyed with a document called a... bill of sale Naturally growing plants are considered............. property real property Emblements are considered................property. personal property An item which was once personal property but is now real property is a........ fixtures Ownership of trade fixtures depend on.............. when it is removed/expiration of lease -used in commercial .......... is not a factor in determining if an item is a fixture. cost People's preference for a certain area is called........... situs The document used to transfer real property is a............ deed What are the five tests of a fixture? M...... A..... R...... I....... A....... method of attachment, agreement, relationship, intent, adaptability Appurtenances runs with the land The due date for property taxes for the first half of the year is... October 1st